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Benzinga
Benzinga
World
Shanthi Rexaline

Alibaba, Ant Financial Affiliate Move To Disentangle Operations To Avoid Further Regulatory Backlash

Alibaba Ant Ant Financial

The ramification of the protracted battle with Chinese regulators has continued to pressure Alibaba Group Holdings, Inc. (NYSE:BABA) and Ant Financial, two of the biggest Jack Ma-founded companies.

The two are reportedly eyeing to disentangle their operations from each other in a bid to stave off any potential regulatory threat.

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